Silvercrest Asset Management Group LLC Sells 5,176 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Silvercrest Asset Management Group LLC decreased its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 28.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,759 shares of the transportation company's stock after selling 5,176 shares during the period. Silvercrest Asset Management Group LLC's holdings in United Airlines were worth $1,239,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust bought a new position in shares of United Airlines in the fourth quarter worth $25,000. Hemington Wealth Management increased its position in shares of United Airlines by 70.8% in the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock worth $30,000 after purchasing an additional 131 shares during the period. Roxbury Financial LLC bought a new position in shares of United Airlines in the fourth quarter worth $32,000. Whipplewood Advisors LLC bought a new position in shares of United Airlines in the fourth quarter worth $32,000. Finally, Bell Investment Advisors Inc increased its position in shares of United Airlines by 60.3% in the fourth quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock worth $35,000 after purchasing an additional 135 shares during the period. Institutional investors own 69.69% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Cowen restated a "buy" rating on shares of United Airlines in a research report on Tuesday, April 22nd. Evercore ISI reduced their price objective on United Airlines from $145.00 to $100.00 and set an "outperform" rating on the stock in a research note on Friday, April 11th. Raymond James lowered United Airlines from an "outperform" rating to a "market perform" rating in a research note on Wednesday, April 2nd. Susquehanna reduced their price objective on United Airlines from $90.00 to $81.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating on shares of United Airlines in a research note on Tuesday, May 13th. One research analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $102.33.

United Airlines Trading Down 1.8%

Shares of United Airlines stock traded down $1.35 during midday trading on Friday, reaching $74.65. The company had a trading volume of 4,802,912 shares, compared to its average volume of 7,621,684. The stock has a fifty day moving average price of $70.91 and a 200 day moving average price of $88.03. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. The firm has a market cap of $24.38 billion, a PE ratio of 7.92, a P/E/G ratio of 0.67 and a beta of 1.39. United Airlines Holdings, Inc. has a fifty-two week low of $37.02 and a fifty-two week high of $116.00.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.75 by $0.16. The business had revenue of $13.21 billion during the quarter, compared to the consensus estimate of $13.47 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. On average, equities analysts anticipate that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

About United Airlines

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.